4450 Federal Register / Vol. 73, No. 17 / Friday, January 25, 2008 / Rules and Regulations 

1 17 CFR 240.14a–2. 

2 17 CFR 240.14a–17. 

3 15 U.S.C. 78a et al. 

4Release No. 34–56160 (July 27, 2007) [72 FR 

43466] (‘‘Proposing Release’’). The instant release 

addresses only the electronic shareholder forum 

aspects of the Proposing Release. Comments 

received that addressed the comprehensive package 

of amendments to the proxy rules and related 

disclosure requirements are outside the scope of 

this adopting release. 

SUPPLEMENTARY INFORMATION:

Confirmation of Effective Date 

The FAA published this direct final 

rule with a request for comments in the 

Federal Register on October 30, 2007 

(72 61294–61296). The FAA uses the 

direct final rulemaking procedure for a 

non controversial rule where the FAA 

believes that there will be no adverse 

public comment. This direct final rule 

advised the public that no adverse 

comments were anticipated, and that 

unless a written adverse comment, or a 

written notice of intent to submit such 

an adverse comment, were received 

within the comment period, the 

regulation would become effective on 

December 20, 2007. No adverse 

comments were received, and thus this 

notice confirms the effective date. 

Issued in College Park, GA on December 

17, 2007. 

Mark D. Ward, 

Manager, System Support Group, Eastern 

Service Center. 

[FR Doc. 08–207 Filed 1–24–08; 8:45 am] 

BILLING CODE 4910–13–M 

DEPARTMENT OF TRANSPORTATION 

Federal Aviation Administration 

14 CFR Part 71 

[Docket No. FAA 2007–0023, Airspace 

Docket No. 07–AEA–08] 

Establishment of Class E Airspace; 

Muncy, PA 

AGENCY: Federal Aviation 

Administration (FAA), DOT. 

ACTION: Direct final rule; correction, 

confirmation of effective date. 

SUMMARY: The Federal Aviation 

Administration published in the 

Federal Register of October 30, 2007, 

(72 FR 61291–61293), a document 

establishing Class E airspace, at Muncy, 

PA. This action corrects the description 

of the airspace and confirms the 

effective date of the direct final rule that 

establishes Class E airspace supporting 

an Instrument Approach Procedure 

serving the Muncy Valley Hospital. 

DATES: Effective 0901 UTC, December 

20, 2007. The Director of the Federal 

Register approves this incorporation by 

reference action under Title 1, Code of 

Federal Regulations, part 51, subject to 

the annual revision of FAA Order 

7400.9 and publication of conforming 

amendments. 

FOR FURTHER INFORMATION CONTACT: 

Daryl Daniels, Airspace Specialist, 

System Support, AJO2–E2B.12, FAA 

Eastern Service Center, 1701 Columbia 

Ave., College Park, GA 30337; telephone 

(404) 305–5581; fax (404) 305–5572. 

SUPPLEMENTARY INFORMATION: 

Confirmation of Effective Date 

The FAA published this direct final 

rule with a request for comments in the 

Federal Register on October 30 (72 FR 

61291–61293). The FAA uses the direct 

final rulemaking procedure for a non 

controversial rule where the FAA 

believes that there will be no adverse 

public comment. This direct final rule 

advised the public that no adverse 

comments were anticipated, and that 

unless a written adverse comment, or a 

written notice of interest to submit such 

an adverse comment, were received 

within the comment period, the 

regulation would become effective on 

December 20, 2007. No adverse 

comments were received, thus this 

notice confirms that effective date. 

Correction to Final Rule 

Additionally, a technical correction to 

the wording of the original airspace 

description is accomplished for 

clarification of the 700 foot Class E 

airspace. although the description and 

amendment was incorporated under 14 

CFR 71.1 of the Federal Aviation 

Administration Order 7400.9R, the 

reference to paragraph 6005, which 

addresses Class E airspace ‘‘extending 

upwards from 700 or more above the 

surface of the Earth’’, was inadvertently 

omitted. Therefore, the publication in 

the Federal Register Docket No. FAA 

2007–0023, Airspace Docket No. 07–

AEA–08, published October 10, 2007, 

(72 FR 61291–61293) paragraph 6005 is 

corrected to read as follows: 

Paragraph 6005 Class E Airspace Areas 

Extending Upward from 700 feet or More 

Above the Surface of the Earth. 

* * * * * 

AEA PA E5 Muncy, PA [NEW] 

Muncy Valley Hospital, PA 

Point In Space Coordinates 

(Lat. 41°13′05′′ N., long. 76°45′46′′ W.) 

That airspace extending upward from 700 

feet above the surface of the Earth within a 

6-mile radius of the point in space (lat. 

41°13′05′′ N., long. 76°45′46′′ W.) serving the 

Muncy Valley Hospital. 

* * * * * 

Issued in College Park, GA on December 

17, 2007. 

Mark D. Ward, 

Manager, System Support Group, Eastern 

Service Center. 

[FR Doc. 08–217 Filed 1–24–08; 8:45 am] 

BILLING CODE 4910–13–M 

SECURITIES AND EXCHANGE 

COMMISSION 

17 CFR Part 240 

[Release No. 34–57172; IC–28124; File No. 

S7–16–07] 

RIN 3235–AJ92 

Electronic Shareholder Forums 

AGENCY: Securities and Exchange 

Commission. 

ACTION: Final rule. 

SUMMARY: We are adopting amendments 

to the proxy rules under the Securities 

Exchange Act of 1934 to facilitate 

electronic shareholder forums. The 

amendments clarify that participation in 

an electronic shareholder forum that 

could potentially constitute a 

solicitation subject to the proxy rules is 

exempt from most of the proxy rules if 

all of the conditions to the exemption 

are satisfied. In addition, the 

amendments state that a shareholder, 

company, or third party acting on behalf 

of a shareholder or company that 

establishes, maintains or operates an 

electronic shareholder forum will not be 

liable under the federal securities laws 

for any statement or information 

provided by another person 

participating in the forum. Therefore, 

the amendments remove legal ambiguity 

that might deter shareholders and 

companies from energetically pursuing 

this mode of communication. 

DATES: Effective Date: February 25, 

2008. 

FOR FURTHER INFORMATION CONTACT: 

Lillian Brown, Tamara Brightwell, or 

John Fieldsend at (202) 551–3700, in the 

Division of Corporation Finance, U.S. 

Securities and Exchange Commission, 

100 F Street, NE., Washington, DC 

20549–3010. 

SUPPLEMENTARY INFORMATION: We are 

amending Rule 14a–2,1 and adopting 

new Rule 14a–17,2 under the Securities 

Exchange Act of 1934.3

I. Background 

On July 27, 2007, the Commission 

published for comment a release 

proposing, among other things, 

amendments to the proxy rules relating 

to electronic shareholder forums.4 We 


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